A sustainable container logistics and supply chain optimization startup, MatchLog Solutions has recently witnessed an influx of $1.5 million through its pre-series A round which was led by led by Motion Ventures and July Ventures, with participation from Venture Catalysts, Blue Ashva Capital, and Capital A.

Prior to this funding round, MatchLog had raised $3 million from Blue Ashva Capital, Rainmatter Climate Technologies, and Capital-A during 2022.

In a press release, the company said, the freshly lifted fund will be used in enhance sustainability and carbon efficiency in container logistics. The investment will also enhance MatchLog’s market presence, enhance strategic partnerships, and deepen collaborations within the global shipping and port ecosystems.

The company’s triangulation solution which pairs import containers with export requirements, effectively reduces the unnecessary dry runs and reduces the trips containers make back to depots when empty.

The startup demands that it will eliminate 10 billion km of unnecessary travel globally in the EXIM container supply chain, continuing to set new standards in the industry.

With this rapid growth and expansion MatchLog is effectively increasing its footprint and scale in India and thereby maximizing efficiency in container usage and transport listics. This strategic growth is projected to handle around 4-5 million containers annually, resulting in a substantial reduction of 200,000 metric tonnes of carbon emissions each year.

The founder & CEO of MatchLog, Dhruv Taneja said, “Our transition from a marketplace to a platform model is aimed at scaling our operations and increasing our sustainability efforts. Since starting our operations, we've managed 200,000 containers and improved their efficiency by around 50%. This has reduced our carbon emissions by 40,000 tonnes, contributing significantly to the reduction of container logistics carbon footprint in India.

The founder, of Capital A, Ankit Kedia, said, "MatchLog’s platform is helping lower the carbon footprint of a very intensive business vertical. At Capital A, we have always backed startups with a purpose for the planet. Supporting MatchLog’s journey to transform logistics reflects our commitment towards this end.”